The bubble hasn’t popped yet.
That’s the easy conclusion of Forbes’ latest Hottest Startups list, which ranks Silicon Valley’s flashiest companies in 2015 by one simple metric: the fastest growing valuations over time between funding rounds. That means our list captures the most in-demand startups, the ones for which investors had the highest hopes–and wrote the biggest checks.
Combined, the top 50 hottest startups raised over $7 billion this year and have a total valuation close to $120 billion.
The list is headlined by a who’s who of unicorns grabbing huge sums of cash. Ride-hailing juggernaut Uber (#16) is raising $2.1 billion to add to the $1 billion it raised in July. Workplace communication tool Slack (#2) raised $160 million, shared workplace landlord WeWork (#31) raised $433 million, and cybersecurity startup Tanium (#21)raised $120 million.
However, many startups at the top of the list are slightly off the beaten track. Secretive Uptake Technologies ranks first over all, coming out of nowhere to raise $45 million at a valuation of $1.1 billion. Uptake, run by former Groupon cofounder Brad Keywell, promises to provide the data analytics back end for the Internet of things revolution coming to major traditional industries like construction and aviation.
http://www.forbes.com/pictures/eimh45ehmdj/1-uptake-technologies/
That’s the easy conclusion of Forbes’ latest Hottest Startups list, which ranks Silicon Valley’s flashiest companies in 2015 by one simple metric: the fastest growing valuations over time between funding rounds. That means our list captures the most in-demand startups, the ones for which investors had the highest hopes–and wrote the biggest checks.
Combined, the top 50 hottest startups raised over $7 billion this year and have a total valuation close to $120 billion.
The list is headlined by a who’s who of unicorns grabbing huge sums of cash. Ride-hailing juggernaut Uber (#16) is raising $2.1 billion to add to the $1 billion it raised in July. Workplace communication tool Slack (#2) raised $160 million, shared workplace landlord WeWork (#31) raised $433 million, and cybersecurity startup Tanium (#21)raised $120 million.
However, many startups at the top of the list are slightly off the beaten track. Secretive Uptake Technologies ranks first over all, coming out of nowhere to raise $45 million at a valuation of $1.1 billion. Uptake, run by former Groupon cofounder Brad Keywell, promises to provide the data analytics back end for the Internet of things revolution coming to major traditional industries like construction and aviation.
http://www.forbes.com/pictures/eimh45ehmdj/1-uptake-technologies/
